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Fly News Breaks for October 11, 2019
NVT
Oct 11, 2019 | 07:05 EDT
Gabelli analyst Justin Bergner initiated coverage of nVent Electric with a Buy rating and $27 price target. The analyst said nVent is trading at post-spin lows and offers value even if high segment margins step down through future outgrowth, accretive adjacent acquisitions, and high single-digit total returns.
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